Volvo Posts 26 Percent Increase in Profits for Q2 2011
Published Tuesday, 23 August, 2011 by Blog Admin. Categories: News.
More and more people are turning to Volvo for their automotive needs, and at McKevitt Volvo, we're quite thrilled with the results. Specifically, the Swedish automaker has recently reported 26.6 percent increase in sales, and a profit of 600-million Swedish Kronor ($94-million).
Much of Volvo's success is being attributed to models like the Volvo S60 Sedan and the Volvo V60 Wagon in Europe. Regardless of what models are popular where, Volvo saw a market share increase in every market that their vehicles are represented in.
During the second quarter of 2011, Volvo was able to sell 129…